Stock Analysis
- Brazil
- /
- Consumer Services
- /
- BOVESPA:COGN3
Cogna Educação Second Quarter 2024 Earnings: Revenues In Line With Expectations
Cogna Educação (BVMF:COGN3) Second Quarter 2024 Results
Key Financial Results
- Revenue: R$1.43b (up 3.2% from 2Q 2023).
- Net loss: R$3.81m (loss narrowed by 92% from 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cogna Educação Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Services industry in Brazil.
Performance of the Brazilian Consumer Services industry.
The company's shares are up 1.3% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Cogna Educação that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BOVESPA:COGN3
Cogna Educação
Operates as a private educational organization in Brazil and internationally.